Tom Dorsey’s Trading Tips helps you develop confidence in your decisions by demonstrating how to invest with point and figure charting, a proven, objective plan-one that`s based on the fundamental laws of supply and demand, not on superficial market trends. you’ll learn the essentials of stock selection, including a four-step checklist for starting new positions, how to evaluate technical pros and cons, and how to accurately compare your stocks to market leaders. the book also delves into more advanced topics like short-term trading techniques, options strategies, and indices – demystifying them with clear, down-to-earth explanations. in the stock market, sometimes it`s in your best interest to sit on the sidelines. this book will help you identify risks and rewards in the market and within specific sectors. and it offers strategies to conquer potential setbacks consistently, so that you always come out ahead.
In a world in which everyone is trying to be an also-ran, our experience in the market is what makes Dorsey, Wright & Associates stand out above the crowd. We have aggregated some of the most important and interesting tips in this book. It’s a culmination of lessons from our many research reports, updated chart patterns, comments, and conversations. We bring these experiences to you in the form of this Trading Tips book. Because we are point and figure experts, many, but certainly not all, of the tips that follow relate to this form of technical analysis.In the following pages you will come to understand how fourteen years of immersing ourselves in the markets, and specifically the point and figure methodology, has made us true craftsmen in technical analysis. We hope that this book will bring you closer to becoming an expert, too.
Contents:
- Building a Foundation: Point and Figure Basics
- Market Psychology
- Market and Sector Applications
- Essentials of Stock Selection
- Risk/Reward Principles
- Short-Term Trading Techniques
- Managing Your Investment
- Understanding Options Strategies
- Other Investment Tips
